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BlackRock restricts use of company devices for China travel, Bloomberg News reports

BlackRock restricts use of company devices for China travel, Bloomberg News reports

Reuters4 days ago
July 22 (Reuters) - BlackRock (BLK.N), opens new tab has told staff traveling to China for business trips to use temporary loaner phones and not to bring company laptops, underscoring growing concern among some global firms about employees working there, Bloomberg News reported on Tuesday, citing an internal memo.
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Australia and UK to sign 50-year defense agreement
Australia and UK to sign 50-year defense agreement

Daily Mail​

time31 minutes ago

  • Daily Mail​

Australia and UK to sign 50-year defense agreement

Australia and the UK are pledging a half-century alliance, shifting the two nations closer together while the US wavers in its support for a crucial nuclear submarine program. A 50-year treaty to underpin the three-nation security pact will be signed after Foreign Minister Penny Wong and Defense Minister Richard Marles meet their counterparts for talks in Sydney . The AUKUS security partnership involves the US, UK and Australia, but the fresh treaty is only between London and Canberra. In opening remarks with UK leaders, Marles said the two nations' relationship might be Australia's most important partnership. 'We rely on each other in so many ways and obviously, combined, we are part of a system that gives us tremendous intelligence capability and military capability,' he said. While negotiations over the defense agreement were flagged before US President Donald Trump took power, the document's inking shows the UK and Australia are strengthening ties in the face of American tariffs and the Pentagon's yet-to-be-completed AUKUS review. But the planned sale of US-built boats has been up in the air since the Trump administration launched a review of the deal to examine whether it aligns with his 'America first' agenda. Defence analysts believe a likely outcome of the US review will be a request for more money from Australia to support its submarine industrial base. Australian Strategic Policy Institute senior analyst Alex Bristow said holding ministerial meetings every six months, rather than the traditional annual timeline, highlighted strengthened ties between the two nations. 'The tempo of it increasing, I think, is a signal that Britain is moving into an elite category,' he said. The UK's Carrier Strike Group, led by the Royal Navy flagship HMS Prince of Wales, arrived in Darwin on Wednesday during Talisman Sabre multi-nation military exercises hosted by Australia. It's the first UK carrier strike group to visit Australia since 1997. The international task group includes five core ships, 24 jets and 17 helicopters, centered on the flagship aircraft carrier.

About 100 players, two dozen club employees face fines for selling Super Bowl tickets
About 100 players, two dozen club employees face fines for selling Super Bowl tickets

Reuters

time31 minutes ago

  • Reuters

About 100 players, two dozen club employees face fines for selling Super Bowl tickets

NEW YORK, July 25 (Reuters) - About 100 NFL players and two dozen employees from several teams face fines for selling this year's Super Bowl tickets for more than face value, a source told Reuters on Friday, activity that violated a long-standing league policy. Players will be fined 1.5 times the face value of the ticket they sold while club employees will be fined twice the amount. ESPN first broke the news on the fines. League and team employees, including players, are prohibited from selling NFL game tickets acquired from their employer for more than face value or more than they paid. NFL players have an opportunity to buy two Super Bowl tickets at face value. None of the individuals involved or their teams were identified. In the 2025 contest, when the Philadelphia Eagles defeated the Kansas City Chiefs, the most expensive tickets at the New Orleans' Superdome had a face value of about $7,500 and were priced as high as $56,770 on the resale market . In a memo seen by Reuters, the league's head of compliance told clubs the department was in the process of concluding its investigation into the matter. "The investigation has revealed that club employees and players sold their tickets to a small number of 'bundlers' who were working with a ticket reseller to sell the Super Bowl tickets above face value," the document read. "Those that worked to 'bundle' the tickets, or otherwise had a greater role, will face increased penalties." The NFL will enhance its mandatory compliance training ahead of the Super Bowl in 2026, which will be held at Levi's Stadium in Santa Clara, California, according to the memo. Super Bowl tickets are among the most coveted in all of North American professional sport, with fans routinely shelling out thousands of dollars to attend the NFL's championship game that is watched religiously by millions across the U.S.

Tesla plans to expand chartered transport service, California regulator says
Tesla plans to expand chartered transport service, California regulator says

Reuters

timean hour ago

  • Reuters

Tesla plans to expand chartered transport service, California regulator says

SAN FRANCISCO, July 25 (Reuters) - Tesla (TSLA.O), opens new tab has told California it would expand operations of a chartered transportation service in the Bay Area, a state regulator said on Friday. The permit does not allow the company to run vehicles autonomously, the California Public Utilities Commission said. The update follows a report that Tesla was preparing to roll out robotaxis in the Bay Area with a safety driver as soon as this weekend. "Tesla is not allowed to test or transport the public (paid or unpaid) in an AV with or without a driver," the CPUC said in an email to Reuters.

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